Collateral Appraiser conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Collateral Appraiser performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Collateral Appraiser uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Collateral Appraiser occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Collateral Appraiser typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
JOB SUMMARY
This is an entry-level technical position under the immediate supervision of the Assistant Manager of Field Operations, and under the general direction of the Manager of Field Operations.
This position provides the collection and verification of data from real property for ad valorem appraisal purposes. Work is reviewed by the training staff during the quality management process to evaluate production levels, accuracy and uniformity of work product.
ESSENTIAL JOB FUNCTIONS
MINIMUM REQUIREMENTS TO PERFORM WORK
PHYSICAL DEMANDS
The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.
While performing the functions of this job, the employee is continuously required to stand, sit, use hands to finger, handle, or feel, reach with hands and arms, talk or hear.
The employee may frequently be required to walk some distances while in the field and to negotiate construction sites, uneven terrain, high grasslands, as well as steps / stairways.
The employee must occasionally lift and / or move up to 50 pounds, regularly lift and / or move up to 25 pounds, continuously lift and / or move up to 10 pounds.
Specific vision abilities required by this job include close vision.
SUPERVISORY RESPONSIBILITIES
None.
LEADERSHIP
Employees in this position have guidelines for their work, but they determine the approach for doing the work. Their supervisor focuses on the outcomes of the work.
WORKING CONDITIONS
Employees in this position work in a safe and secure work environment that may periodically have unpredicted requirements or demands.
COMPLEXITY
Employees in this position perform work that necessitates some specialized knowledge of clerical or trades-based tasks. Some of the typical responsibilities include gathering, formatting, or visually analyzing data.
DECISION MAKING
Employees in this position follow specific procedures that may result in interaction with co-workers, citizens, or other individuals.
They make a few decisions regarding their activities and priorities.
RELATIONSHIPS
Last updated : 2024-02-23
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